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Trailer Interchange Agreement Definition

So it should come as no surprise that freight agents want to cover their trailer, especially as part of your insurance. As you know, the trailer exchange protects a trailer that is not in possession as long as both parties have signed a written trailer interchange agreement. Trailers indicated in the written agreement are covered as long as they are in your custody or possession. Here are some overviews that will help you understand some nuances with the cover. Option 1: Trailers can be exchanged by oral appointment and by written appointment. When you`re building your transportation business, it`s important to explore all your options when it comes to the types of coverage you need to operate efficiently.